Everything’s bigger in Texas—including your options for business banking. Whether you’re running a startup in Austin, a family business in Houston, or a fast-growing company in Dallas, finding the right bank can make all the difference.
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Check out our full list of state-by-state business bank rankings to compare the best options for small businesses nationwide.
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Why Holdings is the Top Choice for Texas SMBs
Zero fees, no minimums: Keep more of your hard-earned money.
High APY (up to 3.0%): Make your cash work as hard as you do.
Integrated accounting & bookkeeping: Spend less time on spreadsheets, more time growing your business.
$3M FDIC insurance: Sleep easy knowing your funds are protected.
See all features and open your Holdings account today.
The 10 Best Banks for Small Businesses in Texas
#1 Holdings (Best for Digital-First Banking)
Holdings is revolutionizing business banking with its digital-first approach. Offering $0 account fees, no minimum balances, and tiered APY rates up to 3%, Holdings provides a seamless experience for small business owners. Its multi-account management capabilities allow businesses to budget effectively while earning competitive yields. Holdings also integrates with QuickBooks, Plaid, and Yodlee for streamlined accounting.
Pros:
$0 account fees and no minimum balances
High APY rates (1.5%-3%) based on deposit tiers
Free ACH transfers and domestic wires
Integration with QuickBooks and other platforms
Access to Allpoint ATM network with no fees
Cons:
No physical branches
Limited services for cash-heavy businesses
Verdict: Holdings is ideal for tech-savvy entrepreneurs who value flexibility, competitive yields, and robust digital tools.
#2 Frost Bank (Best Regional Bank)
Frost Bank is a trusted name in Texas banking with a strong regional presence. Its Business Checking account includes unlimited free transactions and personalized customer service through its extensive branch network across the state. Frost also offers competitive lending options tailored to small businesses.
Pros:
Strong local presence across Texas
Unlimited free transactions on select accounts
Competitive lending solutions including SBA loans
Personalized customer service at regional branches
Cons:
Monthly fee unless waived ($10-$25)
Limited advanced digital tools compared to larger banks
Verdict: Frost Bank is ideal for locally-focused businesses needing personalized service.
#3 Comerica Bank (Best for Lending Services)
Comerica Bank specializes in lending services for small businesses with its Business Checking account offering up to 75 free transactions per month. Comerica provides strong SBA loan options and customized financial solutions tailored to growing businesses in Texas.
Pros:
Excellent lending options including SBA loans
Affordable monthly maintenance fee ($12)
User-friendly mobile app with advanced features
Strong presence across Texas markets
Cons:
Limited free transactions (75 per month)
Lower APY on savings accounts compared to competitors
Verdict: Comerica Bank is perfect for small businesses needing reliable lending services.
#4 Wells Fargo (Best for Established Businesses)
Wells Fargo’s Initiate Business Checking account caters to growing businesses with moderate transaction needs. It includes 100 free monthly transactions and access to one of the largest branch networks in the U.S., including many locations across Texas. Wells Fargo also offers comprehensive lending options tailored to small businesses.
Pros:
Extensive branch network across Texas and nationwide
Comprehensive lending options including SBA loans
User-friendly mobile app with advanced features
Cons:
Monthly fee unless waived ($10)
Limited free transactions compared to competitors
Verdict: Wells Fargo is great for established businesses looking for reliable banking services.
#5 Chase Bank (Best for Nationwide Coverage)
Chase Bank provides extensive nationwide access with its Business Complete Banking account. It includes unlimited electronic deposits and access to over 4,700 branches across the country, including several locations in Texas. Chase also offers excellent credit card options tailored specifically for small businesses.
Pros:
Extensive branch network across Texas and nationwide
Unlimited electronic deposits
Strong business credit card offerings
User-friendly mobile app
Cons:
$15 monthly fee unless waived
Limited free transactions (20 per month)
Verdict: Chase is ideal for businesses needing nationwide access and reliable credit card options.
#6 BBVA Compass (Best Community Bank)
BBVA Compass offers community-focused banking solutions with a strong presence across Texas markets like Houston and Dallas. Its Clear Connect Business Checking account features no monthly maintenance fees if balance requirements are met and up to 150 free transactions per month. BBVA also provides competitive loan options tailored to small businesses.
Pros:
No monthly maintenance fee on basic accounts if balance requirements are met
Up to 150 free monthly transactions
Strong focus on community support within Texas markets
Competitive loan options tailored to local businesses
Cons:
Limited branch network outside major cities in Texas
Fewer advanced digital tools compared to larger banks
Verdict: BBVA Compass is perfect for community-oriented businesses seeking low-cost banking solutions.
Comparison Table of Top Banks in Texas
Bank Name | Monthly Fee | Min Opening Deposit | Min Balance Requirement | Transaction Limits | ATM Access | Mobile App Rating | Physical Branches in TX |
|---|---|---|---|---|---|---|---|
Holdings | $0 | $0 | None | Unlimited | Allpoint Network | 4.8/5 | None |
Frost Bank | $10-$25 | $100 | None | Unlimited | Regional | 4.6/5 | Extensive |
Comerica Bank | $12 | $50 | None | 75/month | Regional | 4.7/5 | Extensive |
Wells Fargo | $10 | $25 | None | 100/month | Nationwide | 4.6/5 | Extensive |
Chase | $15 | $25 | $2,000 | 20/month | Nationwide | 4.7/5 | Extensive |
BBVA Compass | $0-$15 | $50 | None | 150/month | Regional | 4.7/5 | Moderate |
Conclusion
Conclusion
No matter where you do business in Texas, you deserve a bank that rewards your hustle—not one that nickel-and-dimes you. Compare your options, see how Texas stacks up, and discover why more SMBs are choosing Holdings for modern, fee-free banking.